Block 114 is located in Song Hong Basin, offshore Vietnam’s northern continental shelf, about 65km from Quang Tri province, and 86km from Da Nang city in the central region.
Exploration well 114-Ken Bau-2X (Photo: PetroVietnam)
Hanoi (VNA) – Block 114 is located in Song Hong Basin,offshore Vietnam’s northern continental shelf, about 65km from Quang Triprovince, and 86km from Da Nang city in the central region.
Eni Vietnam B.V is the operator of Block 114 with a 50 percentshare, while Essar E&P Limited holds the remaining 50 percent.
The exploration well 114-Ken Bau-1X was drilled in May 2019,reaching a total depth of 3,603m, encountering several intervals of gas andcondensate sandstone. Meanwhile, 114-Ken Bau-2X was holed on February 29, 2020,2km from exploration well Ken Bau 1X, with a total depth of 3,690m,encountering a pay in excess of 110m in several intervals of Miocencesandstones interbedded with shale.
Eni conducted two mini drill stem tests (DST),collecting a lot of fluid sampling, which shows significant hydrocarbonaccumulation at the well.
The Vietnam Oil and Gas Group (PetroVietnam) has announced thatits exploration of the Ken Bau-2X well helped the firm fulfil its plan ofincreasing oil and gas reserves in 2020 ahead of schedule.
Photo: PetroVietnam
Exploration findings at Ken Bau-2X in 2020 and Ken Bau-1X in 2019affirmed the existence of oil and gas reserves in the areas and adjacentblocks.
Eni and ESSAR E&P are building an overall appraisal plan forexploiting oil and gas in the areas and drilling for exploration at similarstructures in the contracted block.
It will prepare a reserve report and a mine development report. Itis expected that Ken Bau-1X and 2X will be put into exploitation from 2028.
PetroVietnam said this is a crucial premise for explorationactivities as well as further exploitation in the surrounding areas,contributing to strongly promoting the gas power industry and gas products inthe central region.
It is also expected to contribute to ensuring national energysecurity and promoting the sustainable development of Vietnam’s oil and gassector in the future.
Eni is an integrated energy company engaged in oil and natural gasexploration, field development and production, and the supply, trading, andshipping of natural gas, LNG, electricity, and fuel. It has been present inVietnam since 2013 and currently operates four blocks, all located in theunderexplored Song Hong (Red River) and Phu Khanh basins, offshore of centralVietnam./.
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The Vietnam Oil and Gas Group (PetroVietnam) has announced that its exploration of the Ken Bau-2X well, located in the Red River Basin offshore of Vietnam’s northern continental shelf, helped the firm fulfil its plan of increasing oil and gas reserves in 2020 ahead of schedule.
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Exploration well 114-Ken Bau-2X (Photo: PetroVietnam) 
Photo: PetroVietnam 
